We are happy to notify you that the CONCRETING OF CONG. EDELMIRO A. AMANTE STREET (ADDITIONAL ONE LANE), Remedios T. Romualdez, Agusan del Norte is hereby awarded to you as the Bidder with the Lowest Calculated and Responsive Bid at a Contract Price equivalent to Two Million Seven Hundred Eighty Two Thousand Four Hundred Forty Five Pesos and 62/100 (P2,782,445.62).

You are therefore required, within ten (10) days from the receipt of this Notice of Award, to formally enter into contract with us, and to submit the Performance Security in the form and the amount stipulated in the Instructions to Bidders. Failure to enter into the said contract or provide the Performance Security shall constitute a sufficient ground for cancellation of this award and forfeiture of your Bid Security.